NOT LISTED FOR SALE

Estimated Value: $612,000 - $1,113,000

-- Bed
4 Baths
-- Sq Ft
2,650 Sq Ft Lot

Last Sold February 24, 2025

Last sale price $600,000

Est. 37% increase in value since last sale

Current estimated payment $5,007/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Park
  • Heating System Uses Steam
  • Property is near public transit

About This Home

As of February 2025

Priced To Sell*Amazing Occupied Opportunity To Own 2 Houses On One Lot*This Unique Property Has A Huge Single Family Residence In The Front And A 2 Family Residence In The Rear*Talk About Investment Income And See Why This Property Makes Both Dollars And Sense*, Additional information: Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Douglas Martin

Progressive Realty Grp USA Inc Brokerage Phone: 516-997-9000 License #10311204059 Listed on: 11/20/2024

Progressive Realty Grp USA Inc

Last Buyer's Agent

Douglas Martin

Progressive Realty Grp USA Inc Brokerage Phone: 516-997-9000 License #10311204059 Listed on: 11/20/2024

Progressive Realty Grp USA Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,450

Year Built

  • Built in 1935

Lot Details

  • 2,650 Sq Ft Lot
  • Lot Dimensions are 25x106

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Private Parking
  • Driveway

Location

  • Property is near public transit

Schools

  • Queens Explorers Elementary School
  • Middle School 137 America's School-Heroes

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 40 / 9406
  • Assessor Parcel Number 09406-0040

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,450

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Levels: Two
  • Year Built: 1935
  • Attribution Contact: 516-997-9000
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Frame
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: Driveway, Private

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Ms 137 America'S School-Heroes

Lot Info

  • Lot Dimensions: 25x106
  • Lot Size Sq Ft: 2650
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 09406-0040
  • Property Attached: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7450
  • Tax Block: 9406
  • Tax Lot: 40

MLS Schools

  • Elementary School: Queens Explorers Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Feb 24, 2025
Sold by
Vanderbilt Mortgage And Finance Inc
Bought by
Qmd Ipa Llc
Seller's Agent
Douglas Martin
Progressive Realty Grp USA Inc
Buyer's Agent
Douglas Martin
Progressive Realty Grp USA Inc
List Price
$699,900
Sold Price
$600,000
Premium/Discount to List
-$99,900
-14.27%
Views
58
Current Estimated Value
$823,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,179
Avg. Annual Appreciation
55.05%

Purchase Details

Closed on
Jul 31, 2024
Sold by
Newman Esq. Referee Gergory J
Bought by
Vanderbilt Mortgage And Finance Inc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Colanero Kenneth and Colanero Patricia
Bought by
James Marline A and Wildman Deidere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,800
Interest Rate
6.22%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Colanero Kenneth and Foggintown Road
Bought by
Colanero Kenneth and Foggintown Road

Purchase Details

Closed on
Feb 12, 1997
Sold by
Colanero Ken
Bought by
Colanero Kenneth and Colanero Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Qmd Ipa Llc $600,000 --
Vanderbilt Mortgage And Finance Inc $1,079,461 --
James Marline A $799,000 --
James Marline A $799,000 --
Colanero Kenneth -- --
Colanero Kenneth -- --
Colanero Kenneth -- --
Colanero Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Marline A $159,800
Previous Owner James Marline A $639,200
Previous Owner Colanero Kenneth $225,000
Previous Owner Colanero Kenneth $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $600,000 -14.3% --
01/13/2025 01/13/25 Pending -- -- --
11/20/2024 11/20/24 For Sale $699,900 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,450 $39,316 $11,738 $27,578
2024 $7,450 $37,091 $10,833 $26,258
2023 $7,028 $34,992 $10,696 $24,296
2022 $6,784 $48,300 $16,140 $32,160
2021 $7,152 $44,220 $16,140 $28,080
2020 $6,935 $43,380 $16,140 $27,240
2019 $6,466 $39,840 $16,140 $23,700
2018 $5,944 $29,160 $14,969 $14,191
2017 $5,773 $28,320 $16,140 $12,180
2016 $5,786 $28,320 $16,140 $12,180
2015 $3,290 $27,303 $14,297 $13,006
2014 $3,290 $25,758 $16,180 $9,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3592461

OneKey® MLS

APN: 09406-0040